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The Counterparty

Ethena USDtb protocol

RWA · PageRank 0.0022

Also known as: ethena-usdtb, ENA

Overview

Ethena USDtb is a stablecoin from the Ethena protocol, collateralised entirely by tokenised US Treasury bills, classified as real-world assets. The instrument provides a yield-bearing, fiat-pegged option inside the Ethena framework, separate from the synthetic stablecoin USDe. Its main functions are as a stable value repository and as a source of liquidity within decentralised finance platforms.

Within The Counterparty graph, Ethena USDtb connects to 3 tracked entities, most strongly to Ethereum, ENA, Spearbit.

Relations

Top connections in The Counterparty knowledge graph (confidence-weighted, 3 of 3 total).

RelationConnected entityConfidence
deployed_onEthereum95%
supports_tokenENA95%
audited_bySpearbit80%

Frequently asked questions

What is Ethena USDtb?

Ethena USDtb is a rwa tracked in The Counterparty knowledge graph. It is connected to 3 other tracked entities, most strongly to Ethereum, ENA, Spearbit.

What type of entity is Ethena USDtb?

Ethena USDtb is classified as a rwa (protocol) in The Counterparty knowledge graph.

What is Ethena USDtb connected to?

In The Counterparty knowledge graph, Ethena USDtb is linked to 3 other tracked entities, most strongly to Ethereum, ENA, Spearbit.